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Libby

Melbourne, Australia

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  • Trading in the Zone: Master the Market with Confidence, Discipline and a Winning Attitude

    • UNABRIDGED (8 hrs and 7 mins)
    • By Mark Douglas
    • Narrated By Walter Dixon
    Overall
    (270)
    Performance
    (217)
    Story
    (220)

    Maximizing the trader's state of mind is the key to successful results. Conflicts, contradictions, and paradoxes in thinking can spell disaster for even a highly motivated, astute and well-grounded trader. Mark Douglas, an industry consultant since 1982, sends the message that a "thinking strategy" will profoundly influence a trader's success rate. Douglas addresses five very specific issues to give traders the insight and understanding about themselves that will make them consistent winners in the market. Trading in the Zone offers specific solutions to the "people factor" of commodity price movement. It uncovers the true culprit for lack of consistency when it comes to stock picking: lack of focus and self-confidence. Through simple exercises, traders will learn how to think in terms of probabilities and adopt the specific beliefs necessary to developing a winner's mindset. Along the way, they'll gain valuable insights into their own entrenched misconceptions about the market.

    A User says: "Great a second time"
    "Fantastic book for Forex newcomers"
    Overall

    How true it is that Forex is 80% psychological and 20% fundamental. There have been times when I could kick myself for nurturing my losses thinking that the market will retrace. There needs to be no emotion when trading. This book helps me to recognize this very important factor. Great book that I will listen to over and over. It is very hard to trade without emotion when cold hard cash is on the line. Mark covers this topic well and goes through the normal barriers which people face.

    6 of 6 people found this review helpful

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